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Federal Reserve Chairman Powell Says No Intention to Ban or Limit Use of Cryptocurrencies
2.10.2021
Federal Reserve Chairman Jerome Powell confirmed during a hearing before the House Financial Services Committee that he has no intention to ban or limit the use of cryptocurrencies. He also commented on the regulation of stablecoins. Powell Says ‘No Intention to Ban’ Crypto...
Elon Musk and Mark Cuban See Dogecoin as the ‘Strongest’ Cryptocurrency for Payments
15.8.2021
Tesla CEO Elon Musk and Shark Tank star Mark Cuban see dogecoin as the “strongest” cryptocurrency when it comes to using it as a means of payment. To promote the use of dogecoin further, the NBA team Dallas Mavericks will be offering “special pricing for those who pay with...
Mark Cuban Reveals Stake in Ethereum Layer 2 Scaling Solution Polygon
27.5.2021
Famed American entrepreneur and investor Mark Cuban has divulged a strategic investment in Polygon, highlighting his own use and embrace of the protocol’s multi-chain approach to Ethereum. Investment Accompanies Release of the Polygon SDK As major names line up behind Ethereum, notably...
Goldman Sachs Executive Reportedly Resigns After Making Millions Investing in Dogecoin
12.5.2021
A Goldman Sachs executive has reportedly resigned from the investment bank after he made a fortune investing in dogecoin. The meme cryptocurrency is touted by a growing number of celebrities, including the Dogefather Elon Musk and Mark Cuban. Goldman Sachs Executive Quits After Making Millions...
Abkhazia Plans to Criminalize Crypto Mining as Energy Crisis Deepens— Extends Temporary Ban
3.4.2021
Crypto mining in Abkhazia is still a hot potato for the de facto state government, which is now determined to criminalize such activities. Continuous massive power disruptions, in parallel, are fueling the anger of the people towards crypto miners. Public Officials to Face Bigger Penalties...
Elon Musk Wants Coinbase to List Dogecoin as the Cryptocurrency’s Adoption Grows
14.3.2021
Spacex and Tesla CEO Elon Musk has once again tweeted in support of dogecoin. He wants the crypto exchange Coinbase to list the cryptocurrency and says he will get a Shiba Inu, the dog breed featured as the face of dogecoin. Meanwhile, the coin’s adoption is growing, advocated by celebrities...
Australští vydavatelé dostali ban. Facebook je odřízne od svých stránek, zakáže odkazy
17.2.2021
Facebook zareagoval na návrh nového australského mediálního zákona, podle kterého by měl platit vydavatelům za sdílení odkazů na jejich články. Situaci vyřešil tak, že australská média nebudou moci na Facebooku nic publikovat a ani jiní uživatelé nemohou sdílet jejich články. To platí také pro
Pakistan’s SEC Discusses Cryptocurrency Regulation, Central Bank Confirms No Crypto Ban
15.11.2020
The Securities and Exchange Commission of Pakistan has published a paper discussing cryptocurrency regulation in the country. Meanwhile, the central bank has reportedly confirmed that there is no cryptocurrency ban. Pakistan’s Crypto Regulation in the Works The Securities and Exchange...
97% of People Consulted by UK Financial Regulator Opposed Crypto Derivatives Ban
8.10.2020
The Financial Conduct Authority (FCA) ban on crypto derivatives sales to retail investors has set tongues wagging. It is no mystery. After a consultation process that closed Oct. 3, 2019, with 97% of participants opposed to the prohibition, the U.K. financial regulator still proceeded to issue...
China Never Banned Bitcoin as Commodity, Beijing Arbitration Commission Explains
2.8.2020
The Beijing Arbitration Commission has published an article clarifying that bitcoin’s use as a commodity has never been banned in China. It explains that the Chinese authorities’ attitude toward controlling bitcoin revolves around three areas. China Recognizes Bitcoin as Commodity...
RBI Confirms No Ban on Cryptocurrency Exchanges, Businesses or Traders in India
26.5.2020
India’s central bank, the Reserve Bank of India (RBI), has confirmed that there is no longer any banking ban on crypto exchanges, companies, or traders. This follows the supreme court decision to quash the RBI circular prohibiting banks from providing services to any customers dealing...
Global Investments Into Indian Crypto Sector Surge After Supreme Court Lifts Ban
11.3.2020
India has become increasingly attractive to new crypto businesses and investors from all over the world now that the supreme court has lifted the banking ban. Some companies are expanding operations into the Indian market while others are investing in the country’s crypto ecosystem. Also...
Indian Supreme Court Rules in Favor of Cryptocurrency — RBI Ban Lifted
4.3.2020
A historic day for the Indian crypto community, the supreme court has finally ruled on the case against the banking ban by the central bank, the Reserve Bank of India (RBI). The court held that the RBI circular which places a banking ban on the crypto industry is unconstitutional. Also read:...
Bitcoin in INR: Binance, Wazirx, Cashaa, Zebpay Announce New Offers for India
26.2.2020
Several cryptocurrency exchanges in India have recently stepped up their offerings as they wait for the supreme court’s decision on the RBI ban. Binance and Wazirx have made some improvements to their platforms, Cashaa is waving some fees, and Zebpay has announced zero fees on a trading pair...
RBI Ban Stops Indian Police From Cashing Out Seized Crypto
4.10.2019
The effects of banking restrictions by the Reserve Bank of India (RBI) have reached an Indian police department. The police sold some cryptocurrencies they seized only to find out that they cannot access the Rs 8.42 crore (~$1.2 million) proceeds due to the current RBI banking ban. Also read:...
Zimbabwe Bans Popular Mobile Money Services From Paying out Fiat Cash
3.10.2019
Zimbabwe is once again showing the need to take away from politicians the power to control normal people’s money. The government there is now trying to cope with the results of mismanaging the economy by preventing citizens from using their fiat currency as they see fit. Also Read: Bittrex...